BKTrading is a new binary options broker founded in 2015and has it’s headquarter office in Barcelona, Spain. BKTrading accepts traders from all countries around the world excluding USA. It supports two currencies including US Dollar and Euro. BKTrading offers a payout of between 70% – 85% for every successful trade you make.
BKTrading offers a browser based trading platform for traders. There is no need to install any software. You can access the platform on a browser no matter where you are as long as you have internet connection. All your transaction history can be found in your account.
You can find the data stream on the latest market trend on the platform. The analysis tools in the trading platform work without any problem. The trading platform supports multiple languages including English, Portuguese and Spanish.
BKTrading offers various types of options including call/put options, ladder, forex, short term options, long term options, one touch and currency pairs. The One Touch option enables traders to make a high profit by determining the price range and boundary. You can make a profit of up to 500% when you trade the One Touch options. The short term options feature an expiry time of between 30 seconds to 24 hours.
The automatic pricing engine allows you follow up on the real time rates. You can cancel your trade in case you are not able to trade on the exact rate you want to trade. The charts make it easy to monitor the market rate. You can watch the movement of the price as it fluctuates in the market.
Color indicators are used to mark the price movements. For example, upward movements of the prices is marked by green color indicator while downwards movements of the prices is marked by red color indicators.
The platform is protected by the secure SSL encryption system. BKTrading accepts 4 types of assets. There are more than 60 tradeable assets to choose from including 12 currencies, 19 stocks, 7 commodities, and 20 indices. The maximum trade size is 1,000 units for a single operation. For simultaneous operations, the maximum trade size is 1,500 units. BKTrading provides step by step instructions that are easy to understand on how to trade on the different types of options. BKTrading also support mobile trading.
Types of Accounts
BKTrading offers four types of accounts including Basic, Standard, Trader, and VIP. The basic account only requires you to make a minimum investment amount of $10. The Standard account has a minimum deposit requirement of $1,000.
Traders who choose to trade with a standard account will be able to take advantage of the auto trading tools. The Trader account is for traders who want to deposit $10,000. The Trader account features one to one training. Both standard and trader accounts have a quicker withdrawal process.
The VIP account is for traders who deposit at least $50,000. Immediate withdrawal is available for VIP account holders. VIP account holders will also have access to SMS market signals, investment consultant, and exclusive market analyst.
If you have a VIP account, you will earn an extra 3% profit for every winning trade. BKTrading also offer a demo account for traders who want to try their services before signing up for a real account.
The education center provides various types of educational materials including e-books, seminars, and videos. The e-books contain a list of glossary on the basic terms in binary options trading. Traders can attend the free seminars to learn about the different trading techniques. The video tutorials will teach you how to use advanced techniques in your trading. You can get information on the latest market trends in the video tutorials. The FAQ section provides answers to the most frequently asked questions on support, platform, open account, deposit and trading.
BKTrading offers welcome bonuses for new account signups. You can withdraw the bonus if you manage to complete 30 x of the trading terms. BKTrading will compensate 10% of your initial investment in the event that your option expires out-of-the-money. The 10% return will automatically be deposited into your account.
Deposits and Withdrawals
Traders can deposit and withdraw funds through credit cards and wire transfer. There is a $25 fee if you choose to deposit the funds via wire transfer. The minimum deposit amount for making a wire transfer is $500. It takes about 5 days for the funds to appear in your account after you perform the wire transfer, The minimum withdrawal amount is $100. You have to submit your ID photo, address proof and copy of credit card when you want to perform a deposit or withdrawal. It takes about 2 days to see the funds in your bank account.
BKTrading offers 24/7 customer support through email, live chat, and telephone. It offers international telephone customer support for four countries including Spain, USA, UK and Russia.
In conclusion, BKTrading is a good broker that provides all the necessary tools to help traders have the best trading experience. It offers a diverse range of assets and easy deposits/withdrawals procedure.